Taxes Involved when Investing in Cryptocurrency episode artwork

EPISODE · Apr 28, 2021 · 11 MIN

Taxes Involved when Investing in Cryptocurrency

from Your Financial EKG™ | Retirement Planning | Investment and Wealth Management | Financial Planning · host Drew Blackston, Certified Retirement Counselor® Registered Financial Consultant®

Taxes Involved when Investing in Cryptocurrency || What is taxable & non-taxable || Tax Planning   They say that the only guarantees in life are "death and taxes." Well I would have to agree and that is especially true with Cryptocurrencies like Bitcoin, Ethereum, Dogecoin, and all other cryptos. You NEED to make sure you are reporting your crypto gains, losses, and transactions correctly so that you don't incur a tax surprise from Uncle Sam.   In this podcast I want to cover:   1. Is Cryptocurrency Taxable?  2. What type of Transactions are Taxable?  3. What type of Transactions are NOT Taxable? **Please make sure you consult your CPA or Tax Professional!** Visit our website at YourFinancialEKG.com

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